CoinShares’ Bitcoin and Ether ETF BTF has reached cash settlement, with liquidation proceeds of $22.16255605 per share and $2,216.26 for a standard options contract. According to the OCC, series previously expiring after November 20, 2026, will now expire on that date, while contracts with earlier expirations retain their original dates. Existing American-style options remain exercisable before expiry and settle in one business day based on the difference between the total strike amount and the cash deliverable. Trading in the fund’s shares and creation or redemption orders ended on October 20, with liquidation planned around October 21; the fund held approximately $15.96 million in assets as of October 20.
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